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Senior Manager

Gurugram, India

Job Description:

Overview *

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.

We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions. 

Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.
* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Process Overview*

The FAKC (Finance and Accounting Knowledge Center) was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions. The capabilities hosted include Accounts Payable, General Accounting & Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing, Finance Systems Support and Supply Chain Management.

Over the years, the scope of FAKC has been expanded to include operations for other enterprise control functions like Human Resources and Risk and Compliance.

Job Description*

The Financial Control Oversight Team Member will be responsible for supporting the regulatory reporting transaction testing.  Specifically team member will be required to determine and select testing samples, source documents and reports, oversee changes to testing steps, train testing team members, execute periodic quality checks and report overall results and testing status.

In addition, the team member will play a key role in the execution of Bank of America’s Global SOX Program, ensuring financial reporting risk is managed in accordance with applicable SEC Regulations.  The position will work closely with the Global SOX Program Office to execute the enterprise-wide framework, methodology, procedures/guidelines for SOX compliance, including activities supporting quarterly and annual CEO and CFO SOX certifications.  This position will interact with various levels of management, drive process improvements, and gain exposure to a wide variety of the Company’s businesses.


  • Review / supervise transaction testing on US Regulatory Reports
  • Drive the overall SOX process including financial statement risk assessment, scoping, process and control identification, documentation, testing as well as deficiency assessment and reporting
  • Enhance deficiency management framework, including completeness and timeliness of enterprise-wide SOX issue identification and assessment
  • Strengthen the enterprise-wide compliance program with SOX requirements surrounding third party vendors
  • Partner closely with controls / compliance team within the different business units globally as well as internal and external auditors
  • Stay current on new technical literature applicable to the internal control process (e.g., PCAOB guidance, SEC, etc.) and Regulatory reporting
  • Enhance SOX training and create streamlined executive level modules. Train new or existing process and control owners on SOX compliance processes


  • Education*

    Chartered Accountant or CPA designation / Master's degree or equivalent in Accounting and/or Finance

  • Certifications If Any

    Not Applicable

  • Experience Range*

    Minimum 8 years’ experience in internal controls and / or financial statement audit (or equivalent) with Big 4 / financial services industry experience preferred

  • Mandatory skills*
  • Experience with evaluation of control design and operating effectiveness
  • Strong understanding of SEC and PCAOB requirements as well as COSO Integrated Framework of Internal Control
  • Self-motivated, operates with a sense of urgency and strong attention to detail
  • Strong oral and written communication skills
  • Ability to engage/ collaborate with management at various levels and work effectively in a matrix environment

  • Desired skills*

    Experience with US Regulatory Reporting and financial product level source documents (e.g. loan and securities documents) will be an added advantage

Work Timings*

11:30 AM – 8:30 PM

Job Location*


* Mandatory Fields

Learn more about this role

Full time


Manages People:


Talent Acquisition Contact:

Referral Bonus:

Street Address

Primary Location:
Infospace, Gurugram, 122016